Date Approved
04/09/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
OPEN SYSTEMS INC
Borrower Address
4301 DEAN LAKES BLVD
Borrower City
SHAKOPEE
Borrower State
MN
Borrower Zip
55379-2994
Loan Status Date
07/13/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
2991300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25117
Servicing Lender Name
MidWestOne Bank
Servicing Lender Address
102 S Clinton St
Servicing Lender City
IOWA CITY
Servicing Lender State
IA
Servicing Lender Zip
52240-4065
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SCOTT
Project State
Project Zip
CD
MN-02
Jobs Reported
204
NAICS Code
511210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
186956.25
Payroll Proceed
2243475.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
3026946.32
Forgiveness Date
06/15/2021